TECHNICAL ANALYSIS MODULE

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RSI Technical Indicator

RSI is also an Oscillator indicator that signifies overbought or oversold conditions. It is an old indicator that has weathered the test of time, and is still popular. The key with RSI is to look for divergences between the indicator itself and the Price action of the stock. If a stock is moving up, and the RSI is flat or moving down, this is a Divergence, and could potentially signal a reversal in Price action

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